Every night, Jim Cramer goes on “Mad Money” with a mission to help people become better investors. Over the past 12 years of the show, that mission has transformed to match the surrounding environment. The show first began as an outgrowth of Cramer’s radio show called “Real Money.” Back then, people craved specific investment ideas. […]
Read moreWhen Jim Cramer first started investing, he was determined to do it the right way — by researching stocks and getting an edge on that research. “Where was I going to get that edge? I figured, why not read all of the periodicals that covered stocks?” the “Mad Money” host said. When Cramer graduated from […]
Read moreJim Cramer wants investors to know that it’s possible to get ahead, but it requires doing homework before picking individual stocks. “I think this show can play a role in your financial education and get you to the point where you make fewer errors and have more of a chance to make money longer term […]
Read moreEvery night, Jim Cramer goes on “Mad Money” with the mission of helping people become better investors. Over the past 12 years of the show, that mission has transformed to match the surrounding environment. The show first began as an outgrowth of Cramer’s radio show called “Real Money.” Back then, people craved specific investment ideas. […]
Read moreSeveral big banks announced significant increases in their plans to return capital to shareholders after passing the Federal Reserve’s annual stress test. Financial shares jumped in extended trading. Citigroup was the highlight after hours, doubling its quarterly dividend to 32 cents per common share and announcing a common stock repurchase program of up to $15.6 […]
Read moreGoldman Sachs told its clients to ignore a widely-followed way to value the stock market used by Warren Buffett. “With interest rates near multi-century lows, the so-called ‘Fed model,’ which compares earnings yields to bond yields, retains a powerful grip on the ‘valuation narrative’ in the equity market,” strategist Charles Himmelberg wrote in a note […]
Read moreWednesday’s stress test results could mark a turning point for financial stocks, which have lagged all year. The Federal Reserve is set to report at 4:30 p.m., ET, on whether it approves big banks’ plans to pay capital to shareholders. Analysts expect at least several of the big banks to come out of the test […]
Read moreThe Nasdaq 100 broke a historical win streak, and according to one technical analyst, investors may have to brace themselves for a possible correction. Tuesday on CNBC’s “Futures Now,” Pension Partners’ director of research, Charlie Bilello, pointed out that the Nasdaq 100 had been trading above its 50-day moving average for 138 consecutive trading days, […]
Read moreThe results from the second round of bank stress tests are hours away, but outspoken bank analyst Dick Bove argues the results won’t really matter much. “If you take a look at the structure of the American bank balance sheet, as a whole or even at the individual banks, it’s in phenomenally good shape, Bove, […]
Read moreU.S. shale oil pioneer Harold Hamm on Wednesday warned that sub-$40 crude would cause many U.S. producers to stop drilling and warned fellow CEOs to exercise discipline. U.S. crude prices have plunged nearly 18 percent this year, giving up the gains they accrued after OPEC and other exporters agreed to reduce output last winter. The […]
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